Dividends
RMBH dividend policy
Given that not all of the investments will initially be self-funding, it may be necessary at the outset to support RMBH’s new investments from its existing dividend stream. To this end we are of the view that it would be inappropriate to divert any dividends arising from RMBH’s investment in FirstRand to support such new investments. As a minimum RMBH will thus strive to act as a “conduit” and pay over to its shareholders any dividends received from FirstRand. To the extent that dividends from our other investments are not required to support new investments, they will also be paid to shareholders.Such approach will by its very nature place a limitation on the quantum and number of new investments that RMBH would be seeking to make. (Extract from 2007 Annual report)
| Dividend | Declaration | Record | Payment | Dividend per |
| number | date | date | date | share (cents) |
| 27 | 03-Mar-03 | 28-Mar-03 | 31-Mar-03 | 17.8 |
| 28 | 17-Sep-03 | 24-Oct-03 | 27-Oct-03 | 37.2 |
| 29 | 03-Mar-04 | 26-Mar-04 | 29-Mar-04 | 25.5 |
| 30 | 15-Sep-04 | 22-Oct-04 | 25-Oct-04 | 52.0 |
| 31 | 02-Mar-05 | 24-Mar-05 | 29-Mar-05 | 42.0 |
| 32 | 21-Sep-05 | 21-Oct-05 | 24-Oct-05 | 52.0 |
| Cash distribution | ||||
| from share premium | 20-Oct-05 | 04-Nov-05 | 07-Nov-05 | 100.0 |
| 33 | 02-Mar-06 | 24-Mar-06 | 27-Mar-06 | 50.5 |
| 34 | 20-Sep-06 | 20-Oct-06 | 23-Oct-06 | 63.0 |
| 35 | 28-Feb-07 | 23-Mar-07 | 26-Mar-07 | 61.5 |
| 36 | 19-Sep-07 | 19-Oct-07 | 22-Oct-07 | 80.0 |
| 37 | 05-Mar-08 | 28-Mar-08 | 31-Mar-08 | 69.0 |
| 38 | 17-Sep-08 | 24-Oct-08 | 27-Oct-08 | 72.5 |
| 39 | 11-Mar-09 | 03-Apr-09 | 06-Apr-09 | 54.0 |
| 40 | 16-Sep-09 | 16-Oct-09 | 19-Oct-09 | 45.0 |
| 41 | 10-Mar-10 | 01-Apr-10 | 06-Apr-10 | 54.0 |
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| Document last modified: March 10, 2010 | Return to top |